Fee for grant of visas lowered

From November 23, foreigners and overseas Vietnamese entering Vietnam will have to pay only USD 25 as the fee for grant of a single-entry visa (instead of current USD 45).

The new regulations have been made to further attract tourists and foreign investment into the country__Photo: laodong.com.vn

Under the Ministry of Finance’s Circular No. 157 dated October 13, prescribing the collection, remittance, management and use of fees for grant of passports, visas and papers for entry, exit, transit and residence in Vietnam, the fee for visas valid for under 3 months are also reduced from USD 95 to USD 50, while that for visas valid for between 3 and 6 months or between 6 months and 1 year remain the same as the current rate at USD 95 and USD 135, respectively.

The Circular also adds the fee for visas valid for between 1 and 2 years (USD 145), and those valid for between over 2 years and 5 years (USD 155).

The fee for transfer of valid visas or temporary residence permits from expired passports to new ones is also reduced from USD 15 to USD 5, while that for grant of temporary residence permits of 1-2 years and 2-5 years is increased to USD 145 and USD 155, respectively.

The Ministry of Finance has also abolished a regulation that imposes a fee of USD 10 for each modification or supplementation of visa details.

The adjustments have been made to suit new provisions of Law No. 47/2014/QH13 on Foreigners’ Entry into, Exit from, Transit through and Residence in Vietnam, and to further attract tourists and foreign investment into the country, Deputy Director of the Ministry of Finance’s Tax Policy Department Vu Khac Liem said.